Finance Code › Title 4 › Chapter 347 › Subchapter K

Texas Finance Code § 347.503

Creditor's Liability for Error in Pay-Off Quotation

Manufactured Home Credit Transactions · Creditor's Liability; Penalties

Notwithstanding Chapter 349, a creditor that responds to a consumer's request for a pay-off quotation under this chapter by delivering to the consumer a written statement indicating that the consumer owes a total amount on the credit transaction that exceeds the amount authorized by this chapter is liable to the consumer under Section 349.003.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

This section refers to

§ 349.003